1stdibs.Com, Inc. (DIBS) Tops Q1 EPS by 1c

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Go back to 1stdibs.Com, Inc. (DIBS) Tops Q1 EPS by 1c

1stDibs Reports First Quarter 2022 Financial Results

May 11, 2022 4:15 PM EDT

Q1 Gross Merchandise Value Increased 3% Year-Over-Year to $117 million
Q1 Net Revenue Increased 4% Year-Over-Year to $26.6 million

NEW YORK, May 11, 2022 (GLOBE NEWSWIRE) -- 1stdibs.com, Inc. (NASDAQ: DIBS), a leading online marketplace for luxury design products, today reported financial results for its first quarter ended March 31, 2022.

First Quarter 2022 Financial Highlights

Net revenue was $26.6 million, an increase of 4% year-over-year.Gross profit was $18.9 million, an increase of 2% year-over-year.Gross margin was 71.1%, compared to 72.5% in the first quarter... More